Society exempt income

dipak jain (Querist) 05 November 2012 This query is : Resolved
Sir
meri society ke naam se school work kar raha hai .f.y.2011-12 mein mere school ki income 1426000.00 thi .Meri society 12A and 80G mein registerd nahi hai .mujhe 1426000.00 income par kitana tax pay karana hoga ya mujhe koi exemption incometax law mein mil sakata hai.

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Anil Kumar-Advocate (Expert) 06 November 2012
When did you constituted your society . The receipt you have shown is Gross or net income.You may furnish the details at my personal email ID : legaments_adv@rediffmail.com.Thanks!

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